NOT LISTED FOR SALE

Estimated Value: $1,621,000 - $2,006,778

6 Beds
4 Baths
2,963 Sq Ft
$604/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $905,000 $305 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $11,063/month

41 Days on Market

About This Home

As of December 2015

LOCATION! LOCATION! LOCATION! Situated on historic Prospect Hill in the heart of Union Sq, this is a rare opportunity to own a truly one of a kind home in one of Somerville's HOTTEST areas, just steps to the proposed green line extension. This home has been meticulously maintained and lovingly cared for by the same family for nearly 40 years! Exterior features include a durable slate roof, newer gutters, amazing views of Prospect Hill Tower, a beautiful patio area and an incredible peach and pear orchard! Unit 1 features high ceilings, hardwood flooring, eat in kitchen and oversized rooms. Unit 1 will be vacant Nov 1st. The owner's unit boasts gleaming hardwood floors, large eat in kitchen, lots of closet space, generously sized rooms, 3 Bathrooms PLUS AN IN-LAW w/full, spacious eat in kitchen!!!!! This is the BEST multi-family opportunity in Somerville!!

Last Agent to Sell the Property

Michelle Joslin

Leading Edge Real Estate Listed on: 09/08/2015

Leading Edge Real Estate

Last Buyer's Agent

Todd Mikelonis

Charlesgate Realty Group, llc

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,279

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 17
  • Electric: Circuit Breakers
  • Flooring: Tile, Hardwood
  • Basement: Finished, Walk Out, Interior Access

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Patio, Fenced Yard, Fruit Trees
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RES

Multi Family

  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 4
  • Total Levels: 4
  • Total Rms: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2019
Sold by
Hume Scott P and Hume Mary L
Bought by
Hume Mary L
Current Estimated Value
$1,757,613

Purchase Details

Listed on
Sep 8, 2015
Closed on
Dec 21, 2015
Sold by
Rosario Augusto R and Rosario Maria M
Bought by
Spadea Vincent
Seller's Agent
Michelle Joslin
Leading Edge Real Estate
Buyer's Agent
Todd Mikelonis
Charlesgate Realty Group, llc
List Price
$850,000
Sold Price
$905,000
Premium/Discount to List
$55,000
6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$724,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2015
Sold by
Rosario Augusto R and Rosario Maria M
Bought by
Rosario Augusto R and Rosario Maria M

Purchase Details

Closed on
Feb 24, 2011
Sold by
Rosario Augusto R and Rosario Maria M
Bought by
Rosario Augusto R Est
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hume Mary L -- --
Spadea Vincent $905,000 --
Rosario Augusto R -- --
Rosario Augusto R Est -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spadea Vincent $638,000
Previous Owner Spadea Vincent $200,000
Previous Owner Spadea Vincent $832,000
Previous Owner Spadea Vincent $724,000
Previous Owner Rosario Augusto R $314,000
Previous Owner Rosario Augusto R $250,000
Previous Owner Rosario Augusto R $90,000
Previous Owner Rosario Augusto R $115,000
Previous Owner Rosario Augusto R $54,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $905,000 +6.5% $305 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $850,000 -- $287 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,279 $1,583,800 $609,200 $974,600
2024 $16,072 $1,527,800 $609,200 $918,600
2023 $15,633 $1,511,900 $609,200 $902,700
2022 $14,607 $1,434,900 $580,200 $854,700
2021 $13,689 $1,343,400 $552,600 $790,800
2020 $12,898 $1,278,300 $531,400 $746,900
2019 $12,363 $1,149,000 $462,000 $687,000
2018 $11,186 $989,000 $420,000 $569,000
2017 $10,719 $918,500 $396,300 $522,200
2016 $9,049 $722,200 $362,400 $359,800
2015 $9,048 $717,500 $360,500 $357,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71899819

MLS Property Information Network (MLS PIN)

APN: SOME-000073-E000000-000003